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Karora Resources Inc KRRGF


Primary Symbol: T.KRR

Metals & Mining Gold
Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.


TSX:KRR - Post by User

Karora Resources Inc > Short interest
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Comment by MaterialsManon Jun 20, 2024 10:46pm
91 Views
Post# 36099287

RE:Short interest

RE:Short interestAm I correct in assuming that as the share prices of Karora and Westgold continue to climb, as is the case right now, then those with short postions (5 million shares are now shorted), will be caught in what's called a short squeeze resulting in more upward pressure on the prices of these stocks.
WGX.AX is having a good move tonight, and the stock price seems to be moving steadily upward.
Could this be at least partially due to a short squeeze?

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